Refer to table 4minus1 for the following questions. table 4minus1 stewart company balance sheet assets:cash and marketable securities $600,000 accounts receivable 900,000 inventories 1,500,000 prepaid expenses 75,000 total current assets $3,075,000 fixed assets 8,000,000 less: accum. depr. (2,075,000) net fixed assets $5,925,000 total assets $9,000,000liabilities:accounts payable $800,000 notes payable 700,000 accrued taxes 50,000 total current liabilities $1,550,000 longminusterm debt 2,500,000 owner's equity (1 million shares of common stock outstanding) 4,950,000 total liabilities and owner's equity $9,000,000net sales (all credit) $10,000,000 less: cost of goods sold (3,000,000) selling and administrative expense (2,000,000) depreciation expense (250,000) interest expense (200,000) earnings before taxes 4,550,000 income taxes (1,820,000) net income $2,730,000 based on the information in table 4minus1, the accounts receivable turnover is

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations. issued 2,900 shares of $0.01 par value common stock to investors for cash at $29 per share. borrowed $68,000 from the bank to provide additional funding to begin operations; the note is due in two years. paid $1,000 for the current month's rent of a warehouse and another $1,000 for next month's rent. paid $1,440 for a one-year fire insurance policy on the warehouse (recorded as a prepaid expense). purchased furniture and fixtures for the warehouse for $16,000, paying $3,200 cash and the rest on account. the amount is due within 30 days. purchased for $2,800 cash the university of pennsylvania, notre dame, the university of texas at austin, and michigan state university baseball caps as inventory to sell online. placed advertisements on google for a total of $340 cash. sold caps totaling $1,900, half of which was charged on account. the cost of the caps sold was $1,100. (hint: make two entries.) made full payment for the furniture and fixtures purchased on account in (e). received $280 from a customer on account.

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?